Deals Counterparts

Iberdrola acquires 242MW Ararat wind farm in Australia

Acquisition Onshore Wind announced Australia Mar 6, 2026
242 MW
Capacity
operating
Stage
Ararat wind farm
Project

Iberdrola completed the acquisition of the 242MW Ararat wind farm in Victoria, Australia, from Partners Group and OPTrust.

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Deal Analysis

Iberdrola acquired the 242MW Ararat wind farm in Victoria, Australia, from Partners Group and OPTrust, announced 2026-03-06. This acquisition expands Iberdrola's global renewable energy portfolio, aligning with its focus on clean energy technologies. Partners Group and OPTrust, both infrastructure investors, divested the 242MW onshore wind asset.
  • Iberdrola acquired 242MW Ararat wind farm.
  • Sellers: Partners Group, OPTrust.
  • Location: Victoria, Australia.
  • Announced: 2026-03-06.

Source Intelligence

KEY DETAILS

Acquisition gives Spanish developer its biggest project in Austraila. Quote: "Acquisition gives Spanish developer its biggest project in Austraila". It is Iberdrola's first owned generation asset in Victoria. Quote: "its first owned generation asset in Victoria". The acquisition was completed after obtaining all the necessary approvals for the transaction. Quote: "Iberdrola has completed the acquisition of the 242MW Ararat wind farm in Victoria, Australia, from Partners Group and OPTrust after obtaining all the necessary approvals for the transaction."

Capacity
Iberdrola has completed the acquisition of the 242MW Ararat wind farm
Location
Victoria, Australia
PPA Details
selling a significant portion of its output through power purchase agreements
Announcement
6 March 2026
COD
operational since 2017
PARTIES MENTIONED IN SOURCE
I
Iberdrola buyer

"Iberdrola has completed the acquisition of the 242MW Ararat wind farm"

P
Partners Group seller

"from Partners Group and OPTrust"

O
OPTrust seller

"from Partners Group and OPTrust"

medium quality Enriched Mar 8, 2026

Timeline

Announced
Mar 6, 2026
Signed
Closed

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